Nordea Bank AB (publ) will launch 2 new index certificate bear series
on 10 February 2009 under its warrant programme. The underlying asset
of the index certificates is Dow Jones Euro Stoxx 50 (Price) -index
and OMXH25 -index. The index certificates are put certificates. The
index certificates are redeemed by cash payment. Upon expiry of a
index certificate bear, the possible net value is paid in cash to the
holder of the certificate.
Index certificate bear specific terms and conditions
All index certificates are issued under the warrant programme of
Nordea Bank AB (publ) dated 6 October 2008. The base prospectus for
the warrant programme and the final terms for each warrant and
certificate serie are available at the issuer's website:
www.nordea.fi/warrantit. The following terms only summarize the final
terms and the base prospectus.
+-------------------------------------------------------------------+
| Issuer | Nordea Bank AB (publ) |
|------------------+------------------------------------------------|
| Instrument name | Index Certificate Bear (put) |
|------------------+------------------------------------------------|
| Underlying asset | OMXH25 index and Dow Jones Euro Stoxx 50 |
| | (Price) Index |
|------------------+------------------------------------------------|
| Cash Settlement | Max[(Strike Price - Closing Price) x |
| Amount | Multiplier;0] |
| | |
| | Where the Barrier Reference Price on any |
| | occasion on a trading day on the Reference |
| | Source is equal to or higher than the Barrier |
| | Level, the Index Certificate Bear becomes |
| | worthless and no Cash Settlement Amount is |
| | paid out. |
|------------------+------------------------------------------------|
| Closing Price | Reference Price on Closing Price Determination |
| | Date. |
|------------------+------------------------------------------------|
| Closing Price | Expiration Date/Final Trading Day |
| Determination | |
| Date | |
|------------------+------------------------------------------------|
| Market place | Nasdaq OMX Helsinki |
|------------------+------------------------------------------------|
| Reference Source | OMXH25 Index: |
| | Nasdaq OMX Helsinki Ltd. |
| | |
| | Dow Jones Euro Stoxx 50 (Price) Index: |
| | EUREX |
|------------------+------------------------------------------------|
| Reference price | OMXH25 Index: |
| determination | Value of the index, based on Helsinki Stock |
| method | Exchange weighted average prices of the OMXH25 |
| | component shares from 09:40 until 18:30 EET on |
| | Expiration Date/Final Trading Day. |
| | |
| | Dow Jones Euro Stoxx 50 (Price) Index: |
| | Final Settlement Price provided by EUREX |
|------------------+------------------------------------------------|
| Exercise | The Bank carries out automatic cash settlement |
| procedure | |
|------------------+------------------------------------------------|
| Listing currency | EUR |
|------------------+------------------------------------------------|
| Total number of | 1 000 000 (see Table 2 below) |
| certificates | |
|------------------+------------------------------------------------|
| Trading lot | 1 certificate |
|------------------+------------------------------------------------|
| Market maker | Market Maker undertakes to provide bid and ask |
| | quotation for the Certificates during the time |
| | Certificates are subject to trading on a |
| | regulated market, multilateral trading |
| | facility or other market place. The |
| | undertaking is valid in the continuous trading |
| | of the regulated market, multilateral trading |
| | facility or other marketplace. |
| | |
| | The difference between bid and ask quotation |
| | is at most (maximum spread): |
| | |
| | Two (2) percent or |
| | 0,10 EUR, if ask price is < 2 EUR |
| | |
| | No bid quotation is given for Certificates |
| | that have a market value less than ten (10) |
| | cents. Quotations concern a minimum amount of |
| | five hundred Certificates. Market Maker is |
| | entitled to define the values of the |
| | parameters affecting the market making |
| | quotation. Market Maker is not liable to |
| | maintain its duties as Market Maker, if |
| | trading with the underlying asset has ceased. |
| | |
| | Market Maker reserves the right to temporarily |
| | decline to quoting bid and ask prices during a |
| | period in which the Market Maker hedges its |
| | own position in an Underlying Assets and at |
| | such time as the Market Maker believes there |
| | are to be significant difficulties in quoting |
| | bid and ask prices due to technical reasons. |
| | |
| | In conjunction with such limitation of the |
| | Market Maker's obligation to quote bid and ask |
| | prices, the Market Maker shall notify parties |
| | on the market regarding the limitation through |
| | a notice via the regulated market/multilateral |
| | trading facility/marketplace. |
|------------------+------------------------------------------------|
| Additional | Additional information on the company and the |
| information on | development of the value of the underlying |
| the underlying | asset is available on the websites |
| asset and | http://omxgroup.com/nordicexchange/ and |
| underlying | www.stoxx.com. |
| company | |
| | Additional information on the volatility of |
| | the underlying asset is available from the |
| | issuer, tel. +358 9 369 49134. |
| | |
| | The investors should analyse information on |
| | the company issuing the share/index before |
| | making decisions on certificates. |
+-------------------------------------------------------------------+
The index certificates bear to be issued:
Table 1
Certificate Certificate Underlying Underlying Underlying Additional
Trading ISIN code instrument instrument instrument Information
code ISIN code currency on the
underlying
Dow Jones
9YESX.NDS FI0009654982 Euro Stoxx EU0009658145 EUR www.stoxx.com
50
OMXH25 http://www.
9YH25.NDS FI0009655005 Index FI0008900212 EUR omxnordicexchange.
com/
Table 2
Certificate Strike Type Multiplier Total Issue Expiration Settlement
Trading Price number date Date Date
code of
certificates
9LESX.NDS 4000 P 0,01 1 000 000 10.2.2009 18.12.2009 29.12.2009
9LH25.NDS 3000 P 0,01 1 000 000 10.2.2009 18.12.2009 29.12.2009
Helsinki, 9 February 2009
NORDEA BANK AB (publ)
Tommi Saarnio
For further information, please contact Tommi Saarnio, +358 9 369
49354.
Nordea Bank AB (publ) issues 2 new index certificates bear series on 10 February 2009
| Source: Nordea Bank AB (publ.)